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. >> the cut the deficit in half. four years later and we have a trillion dollar deficit. my view is we ought to provide tax relief to people in the middle class. the people who are having a hard time right now are middle income americans. under the president's policies middle income americans have been buried. there just being crushed. middle income americans have seen their income come down by $4,300. at the same time gasoline prices have doubled. electric rates are up, food prices are up. if you're reelected we will get to a trillion dollar debt. you have said before you cut the debt in half. lou: and to post debate polls gave the debate to governor romney. by a huge margin. in fact, the biggest one in history according to one of those polls. the cbs poll showed that 42 percent called romney the victor with only 22 percent standing with the president. the same poll tells us that 63 percent now believe governor romney cares about their needs and problems. that is a 30% improvement since before the debate. the cnn polls showed an even more dramatic results. governor romne
. >> the cut the deficit in half. four years later and we have a trillion dollar deficit. my view is we ought to provide tax relief to people in the middle class. the people who are having a hard time right now are middle income americans. under the president's policies middle income americans have been buried. there just being crushed. middle income americans have seen their income come down by $4,300. at the same time gasoline prices have doubled. electric rates are up, food prices are...
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Oct 4, 2012
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you said you cut the deficit in half. we still have a trillion dollar deficit. >> mitt romney came into the debate trailing in the polls but that could change after last night's performance. >> any time a challenger stands
you said you cut the deficit in half. we still have a trillion dollar deficit. >> mitt romney came into the debate trailing in the polls but that could change after last night's performance. >> any time a challenger stands
WHUT (Howard University Television)
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Oct 4, 2012
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WHUT
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it wasn't just that this was the biggest driver of our federal deficit, our overall health care costs, but it was families were worried about going bankrupt if they got sick, millions of families, all across the country. if that a pre-existing condition, they might not be a bigot coverage at all. if they did have coverage, insurance companies might impose an arbitrary limit. and so as a consequence, they're paying their premiums, somebody gets really sick, lo and behold, they don't have enough money to pay the bills because the insurance companies say that they've hit the limit. so we did work on this, alongside working on jobs, because this is part of making sure that middle-class families are secure in the country. let me tell exactly what obamacare did. it number one, if you've got health insurance, it doesn't mean the government takeover. you keep your own insurance, your own doctor. but it does say insurance companies cannot church where brown. they cannot impose arbitrary lifetime limits. they have to let you keep your kid on their insurance -- your insurance plan until you're 2
it wasn't just that this was the biggest driver of our federal deficit, our overall health care costs, but it was families were worried about going bankrupt if they got sick, millions of families, all across the country. if that a pre-existing condition, they might not be a bigot coverage at all. if they did have coverage, insurance companies might impose an arbitrary limit. and so as a consequence, they're paying their premiums, somebody gets really sick, lo and behold, they don't have enough...
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Oct 4, 2012
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. >> the only way to meet governor romney's pledge of not reducing the deficit or not adding to the deficit is by burdening middle class families, the average middle class family with children would pay $2,000 more. >> others have estimated the total value of the tax cuts would be some $5 trillion over ten years. governor romney says he will keep it deficit neutral and pledges there is one thing he won't do no matter what. >> i will not under any circumstances, raise taxes on middle income families. i will lower taxes on middle income families. now, you kite a study. there is six other studies that looked at the study you described and say it's completely wrong. >> the president based his assertion about a $2,000 tax increase on a study by the tax policy center which had exempted some tax deductions from any cuts in its analysis. then it concluded the plan could only be deficit neutral with a tax hike on the middle class and obama ads are hammering away. >> why won't obama level with us about the tax plans. >> the tax policy center, however, later changed its assessment. it said if romney p
. >> the only way to meet governor romney's pledge of not reducing the deficit or not adding to the deficit is by burdening middle class families, the average middle class family with children would pay $2,000 more. >> others have estimated the total value of the tax cuts would be some $5 trillion over ten years. governor romney says he will keep it deficit neutral and pledges there is one thing he won't do no matter what. >> i will not under any circumstances, raise taxes on...
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Oct 6, 2012
10/12
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number 1, the president's plan to cut the deficit by $4 trillion, that he would return america to tax rates under clinton that the obama medicare says romney's medicare plan would cost $6 million. you can see the whole list here >> sean: you say none of this is true? >> what is amazing, first of all, know only did he do a lousy job in the debate, they threw upon the miserable experience for them, a whole mountain of lies on the american people. they woke up the next day and said, wow, not only did we did a bad job, we lied the whole way through, so we are going on call mitt romney a liar. here's the plan. let's call them a bunch of liars to try to inoculate that problem. this is their tactic-- >>> have you to understand -- >> we know that's the case. >> sean: that's all they had left after this horrific showing by the president. you know, remember, mitt romney's the guy who killed this worker's wife. mitt romney's the guy who never paid taxes. mitt romney wants dirty air and water. paul ryan upons to throw granny over the cliff. they don't care about kids with down's syndrome. the lie
number 1, the president's plan to cut the deficit by $4 trillion, that he would return america to tax rates under clinton that the obama medicare says romney's medicare plan would cost $6 million. you can see the whole list here >> sean: you say none of this is true? >> what is amazing, first of all, know only did he do a lousy job in the debate, they threw upon the miserable experience for them, a whole mountain of lies on the american people. they woke up the next day and said,...
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Oct 4, 2012
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the actual deficits are a trillion dollars. he promised to cut in the half and he didn't and if you open up the budget of the united states under his policies the debt explodes, you can see it on page 52 of their analysis of the budget outlook. he said last night that budgets are about making choices. having a budget that chooses to have the debt explode and endanger our children is a poor choice. >> i think that's misleading because if you look at the c.b.o. scoring of the president's budget, he achieves a stable budget path within the ten-year budget window. so, again, we have a factual disagreement. >> i said if you look at the long-term budget outlook the debt explodes. so year 11 matters. my children are not yet -- >> well, let's deal with the first decade. >> brown: all right, we've cleared up everything. (laughter) thank you so much. douglas holtz-ae kin, jared bernstein, thanks. >> woodruff: still to come on the "newshour": rising tensions on the syria turkey border; how the presidential debate played for some florida v
the actual deficits are a trillion dollars. he promised to cut in the half and he didn't and if you open up the budget of the united states under his policies the debt explodes, you can see it on page 52 of their analysis of the budget outlook. he said last night that budgets are about making choices. having a budget that chooses to have the debt explode and endanger our children is a poor choice. >> i think that's misleading because if you look at the c.b.o. scoring of the president's...
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Oct 3, 2012
10/12
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mitt romney, doesn't have a deficit reduction plan. he wants to spend $2 trillion more in defense, $5 trillion more in a tax cut won't tell us how you pay for, before you even start talking about deficit reduction. it's a joke to think mitt romney will actually take action to redaus the deficit. >> taxes, this week he did come out with this proposal of eliminating $17,000 in deductions. >> right. >> your response to that? >> well, you know, he left out a number of different details of that proposal but i would also say that limiting deductions to $17,000 for middle-class families still results in a tax increase. even in just the health premium deduction, for families last year, were about $15,000. there you go. what happens to the mortgage deduction, charitable deduction, child deduction. he's raising taxes on middle class families. >> if this comes up and mitt romney starts to do that math that paul ryan wouldn't do, i'm sure this will be a topic of discussion. >> how worried are you about the jobs report on friday? >> we face this ev
mitt romney, doesn't have a deficit reduction plan. he wants to spend $2 trillion more in defense, $5 trillion more in a tax cut won't tell us how you pay for, before you even start talking about deficit reduction. it's a joke to think mitt romney will actually take action to redaus the deficit. >> taxes, this week he did come out with this proposal of eliminating $17,000 in deductions. >> right. >> your response to that? >> well, you know, he left out a number of...
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Oct 1, 2012
10/12
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mitt romney doesn't have a deficit plan. he has a plan to cut taxes for millionaires and billionaires. one thing that will be interesting wednesday if he'll finally explain how his math adds up. he has a $5 trillion tax cut, on top of a $5 trillion to extend the bush cuts, and another $2 trillion in defense spending that our leaders say they don't need. $8 trillion. he says he's not going to add to the deficit. if he's not going to add to the deficit, the middle class better watch out because they'll pay the burden if he is elected because the hole is just too big. and it will be interesting on wednesday. if he says he's not going to burden the middle class, then he's going to blow a hole in the deficit. >> will we see president obama here on "meet the press" before election day? >> well, there's 37 days left, so we'll stay in contact about it. >> all right. we hope to see him here. mr. plouffe, thank you. >> thank you, david. >>> coming up, what are the stakes for both campaigns? the roundtable will get into it. founder of
mitt romney doesn't have a deficit plan. he has a plan to cut taxes for millionaires and billionaires. one thing that will be interesting wednesday if he'll finally explain how his math adds up. he has a $5 trillion tax cut, on top of a $5 trillion to extend the bush cuts, and another $2 trillion in defense spending that our leaders say they don't need. $8 trillion. he says he's not going to add to the deficit. if he's not going to add to the deficit, the middle class better watch out because...
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you said you would cut the deficit in half. it's now four years. >> reporter: romney came into the debate trailing in the polls but that could change. >> any time a challenger stands on the stage with a president in the first debate they tend to get some bounce after that. i expect that could happen here. >> reporter: the romney campaign believes the governor scored a knockout. >> i believe romney was the clear winner of this debate. if it was a boxing match it would have been called. >> reporter: a cbs poll shows romney was the overwhelming winner. 46% of the people say romney won the debate while 22% said the president had the edge. romney helped his image with voters. 63% feel he cares about their needs and problems. that's up from 30% before last night. and 56% say they like romney better after watching his performance. but jim lehrer might not feel the same way. >> i'm sorry, jim, i'm going to stop the subsidy to pbs and some other things. i like big bird and you too. i'm not going to keep spending money to borrow money fr
you said you would cut the deficit in half. it's now four years. >> reporter: romney came into the debate trailing in the polls but that could change. >> any time a challenger stands on the stage with a president in the first debate they tend to get some bounce after that. i expect that could happen here. >> reporter: the romney campaign believes the governor scored a knockout. >> i believe romney was the clear winner of this debate. if it was a boxing match it would...
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on a day in which the congressional budget office announced the 2012 budget deficit came in at $11 trillion for a fourth straight year, turns out our out of control spending includes roughly $450 million given every year to the corporation for public broadcasting, $8 million of that going to, that's right, sesame workshop and big bird. it appears easy to dismiss millions of dollars when the government faces trillion of dollars in debt. the left may be cute with a call to end funding for public broadcasting, but here's the homework the left should have done before they and president obama began their reflective aattacks. they are $388 million in assets now. in merchandise sales alone, it brought in $45 million, five times what it received in government grants. that little cute sesame workshop turns out to be a moneymaker producing hundreds of millions of dollars. we take all of that up tonight with former george bush senior adviser carl rove, and as well, the unemployment rate falling to 7.8%, employers adding just 114,000 jobs. we're talking about that, and, yes, big bird too with the congr
on a day in which the congressional budget office announced the 2012 budget deficit came in at $11 trillion for a fourth straight year, turns out our out of control spending includes roughly $450 million given every year to the corporation for public broadcasting, $8 million of that going to, that's right, sesame workshop and big bird. it appears easy to dismiss millions of dollars when the government faces trillion of dollars in debt. the left may be cute with a call to end funding for public...
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Oct 3, 2012
10/12
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can you tell us otherwise you will end up with $40 trillion deficit, which tax loopholes will you close? >> kimberly: playing the role of mitt romney, eric bolling. >> eric: when you lower taxes and let people keep more of their money you bring growth back. >> bob: we have seen that work. >> kimberly: he won the debate. that easy. andrea what is your question? >> andrea: bill clinton spoke at the convention and he seemed to help barack obama. i am going to bring up bill clinton. president obama, when bill clinton left office he balanced the budget, cut social programs the unemployment number was low. urn your watch, the opposite happened. we have seen the budget been busted. so how are you like bill clinton? that is a tough question for him to answer. if it's me, i ask him, listen, i release my taxes. you have yet to release academic records, the white house records, see what he says. that would be tougher to answer. >> bob: for eight years we were all in a coma. curious. >> kimberly: bob is out of order. we're bring you back in "e" block. >> bob: clinton to obama. >> kimberly: guess wh
can you tell us otherwise you will end up with $40 trillion deficit, which tax loopholes will you close? >> kimberly: playing the role of mitt romney, eric bolling. >> eric: when you lower taxes and let people keep more of their money you bring growth back. >> bob: we have seen that work. >> kimberly: he won the debate. that easy. andrea what is your question? >> andrea: bill clinton spoke at the convention and he seemed to help barack obama. i am going to bring up...
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Oct 1, 2012
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he's increased the deficit a trillion dollars a year. so let's start with the failures of this administration. mitt romney has said look, we've got to cut spending, we're broke, we've overpromised, we've overspent -- >> but sir -- >> and -- >> governor, where would he cut the spending. >> let's trust him on that. >> you cut a lot of domestic -- we've already got a plan to cut a trillion -- $1.2 trillion. half of it is balanced on defense spending in a time of war. that's a mistake. and so i think we need to cut trillions of dollars in order to get our budget balanced. and you could start with cutting two or three or 4% almost across the board some of the things that other governors have done, by i think you target it in those areas where the spending has not produced tangible results in the quality of life for the people. i can just tell you, andrea, i did it in virginia, governors like christie and scott and kasic and walker have done it in all of their states, mitt romney did it when he was governor of massachusetts, $3.5 billion defic
he's increased the deficit a trillion dollars a year. so let's start with the failures of this administration. mitt romney has said look, we've got to cut spending, we're broke, we've overpromised, we've overspent -- >> but sir -- >> and -- >> governor, where would he cut the spending. >> let's trust him on that. >> you cut a lot of domestic -- we've already got a plan to cut a trillion -- $1.2 trillion. half of it is balanced on defense spending in a time of war....
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Sep 30, 2012
09/12
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mitt romney doesn't have a deficit plan. he's got a plan to cut taxes for millionaires and billionaires. one of the things that will be interesting wednesday, if he'll finally explain hows had math adds up. he's got a $5 trillion tax cut and nour $2 trillion in defense spending that our defense leaders say they don't need if he's not going to add to the deficit, the middle class better watch out because they're going to pay the burden if he's elected president, because the whole is just too big. so if he says he's not going to burden the middle class, then he's going to blow a hole in the deficit. >> will we see president obama on "meet the press" before election day? >> there's 37 days left. so we'll stay in contact about it. >>> coming up, we talk more about the first debate. what are the stakes for both campaigns. the round table will get into it founder of the faith and freedom coalition, ralph reed, former democratic pennsylvania governor, ed rendell. the bbc's catty kay and nbc's chuck todd. here's what happened... i w
mitt romney doesn't have a deficit plan. he's got a plan to cut taxes for millionaires and billionaires. one of the things that will be interesting wednesday, if he'll finally explain hows had math adds up. he's got a $5 trillion tax cut and nour $2 trillion in defense spending that our defense leaders say they don't need if he's not going to add to the deficit, the middle class better watch out because they're going to pay the burden if he's elected president, because the whole is just too...
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>> well, you know, in terms of mitt romney surging, just remember how much of a deficit he had to make up. i mean, he was in some cases double digits behind the president and all those attributes and the president is still leading on them. we expected an aggressive debater to show up last night on the debate stage with barack obama. we didn't expect an aggressively dishonest debater to show up. that's what we got in mitt romney. what could the president have done differently? of course, we'll recalibrate and recalculate based on the mitt romney that showed up last night. we've got two more debates left. now we know what we're dealing with. we know that mitt romney will, in a split second, walk away from the central policy of his entire economic plan because he knows it's bad politics. he has been campaigning on this $5 trillion tax cut since the beginning of the primaries. and last night he tried to walk away from it, because he knows he's going to have to tell the middle class that he's going to have to raise their taxes if he wants to pay for it. >> the $5 trillion cut, the president
>> well, you know, in terms of mitt romney surging, just remember how much of a deficit he had to make up. i mean, he was in some cases double digits behind the president and all those attributes and the president is still leading on them. we expected an aggressive debater to show up last night on the debate stage with barack obama. we didn't expect an aggressively dishonest debater to show up. that's what we got in mitt romney. what could the president have done differently? of course,...
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you know, we've got investments to make, a deficit to close. so what the vice president was saying is that the bush tax -- we want to continue middle class tax cuts. the republicans want to hold them hostage so we continue tax cuts for the wealthy. that is a fundamental difference. by the way with today's economic news we should continue to make progress. one thing we can do right away is pass a middle class tax cut so that, you know, 98% of the american people will have the confidence that their taxes won't go up next year. very important for consumer confidence. very important for our economy. and, you know, governor romney ought to tell his running mate paul ryan to call up the house republican leadership of what he is a member and get this done. so that we can give security and a guarantee to the middle class of this country and our economy that taxes aren't going to go up next year. >> do you believe the fundamentals of this campaign have changed from wednesday morning to today? >> i don't think so, chuck. obviously though we'll be able to
you know, we've got investments to make, a deficit to close. so what the vice president was saying is that the bush tax -- we want to continue middle class tax cuts. the republicans want to hold them hostage so we continue tax cuts for the wealthy. that is a fundamental difference. by the way with today's economic news we should continue to make progress. one thing we can do right away is pass a middle class tax cut so that, you know, 98% of the american people will have the confidence that...
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Sep 29, 2012
09/12
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more jobs will slash that deficit. >>> our third story, another day, another bad set of numbers for mitt romney. there are two new polls today by the american research group and they have mitt romney trailing president obama in two more swing states. five points in new hampshire and two in virginia. although i wanted to highlight the virginia one. there had been other polls to show that gap wider. this would be a much better than expected result than some of the others we've seen. this week -- has not been kind to the republican candidate as polls have shown him falling behind the president. but he is not showing any change in confidence. >> i've got a little secret here and that is that obama campaign thinks that pennsylvania is in their pocket. they don't need to worry about it. and you're right and they're wrong. we're going to win pennsylvania. we're going to take the white house. >> he's going to have to overcome a big deficit to do it, but people do like a comeback kid. max, jen, the obama campaign press secretary. two very different problems. one, you don't want to get complacent
more jobs will slash that deficit. >>> our third story, another day, another bad set of numbers for mitt romney. there are two new polls today by the american research group and they have mitt romney trailing president obama in two more swing states. five points in new hampshire and two in virginia. although i wanted to highlight the virginia one. there had been other polls to show that gap wider. this would be a much better than expected result than some of the others we've seen. this...
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you said you'd cut the deficit in half, it's now four years later we still have trillion dollar deficits. martha: what about that, chris. >> for people who aren't following like this. simpson-bowles was the presidential commission. he was in charge of this commission. it was his idea. after they gave their proposals last december he ignored them, he never even mentioned them a month later in the state of the union speech. he does have a $4 trillion plan, a deficit reduction plan about it is filled with gimmicks. first of all it includes a trillion dollars that they already agreed to, the congress and the president, as part of the deficit reduction deal, the debt limit deal last august. any president if they come in its going to have that trillion dollars. he also gets $800 billion in savings from night fighting the wars in iraq and afghanistan that we weren't going to fight anyway. there are all kinds of gimmick savings. having quickly said that, mitt romney's plan has a lot of smoke and mirrors too. obama pointed out you have $5 trillion from lowering tax rate. you have a $2 trillion in
you said you'd cut the deficit in half, it's now four years later we still have trillion dollar deficits. martha: what about that, chris. >> for people who aren't following like this. simpson-bowles was the presidential commission. he was in charge of this commission. it was his idea. after they gave their proposals last december he ignored them, he never even mentioned them a month later in the state of the union speech. he does have a $4 trillion plan, a deficit reduction plan about it...
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in half and we've had four years of trillion dollar budget deficits. these are promises and he's got to be held accountable for that. >> i hope mitt romney is listening to this and takes your advice. a debate of 90 minutes is a precious commodity and i'm saying that from romney's perspective, there are other issues that have a much better chance to move him forward than talking about solyndra. >> i got to leave it there, gentlemen. i know, did -- please stay with cnbc for tonight's coverage. i'm larry kudlow. thanks for watching. [ male announcer ] the 2013 smart comes with 8 airbags, a crash management system and the world's only tridion safety cell which can withstand over three and a half tons. small in size. big on safety. which can withstand over three and a half tons. and every day since, two years ago, the people of bp made a commitment to the gulf. we've worked hard to keep it. bp has paid over twenty-three billion dollars to help people and businesses who were affected, and to cover cleanup costs. today, the beaches and gulf are open for every
in half and we've had four years of trillion dollar budget deficits. these are promises and he's got to be held accountable for that. >> i hope mitt romney is listening to this and takes your advice. a debate of 90 minutes is a precious commodity and i'm saying that from romney's perspective, there are other issues that have a much better chance to move him forward than talking about solyndra. >> i got to leave it there, gentlemen. i know, did -- please stay with cnbc for tonight's...
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Sep 29, 2012
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i know we have a tough time with our deficit, with the budget, but people are so important, and every up with of these people who is safe, right now, only a 1-100 chance that a victim of human traffic willing be saved. when you meet that person, you meet that survivor, and survivors they, they are incredible. but you look into their eyes and you understand person to person viceraly, what they have gone through, being treated lower than an animal and see the bravery, the courage, the fort t fortitude to help others. and they are so altruistic. i was at the table with the survivors when president obama gave the shoutout. they were blown away and everybody gave him a standing ovation. a very big day for them. they influenced his speech. >> those numbers sure do not add up. thank you for taking the time to share more information about this with us and our viewers. >> thank you. >> to learn more, go to our blog, cnn.com/outfront. >>> you thought the fight over unions was over in michigan, it's kind of quiet. you are dead wrong. [ male announcer ] citi turns 200 this year. in that time ther
i know we have a tough time with our deficit, with the budget, but people are so important, and every up with of these people who is safe, right now, only a 1-100 chance that a victim of human traffic willing be saved. when you meet that person, you meet that survivor, and survivors they, they are incredible. but you look into their eyes and you understand person to person viceraly, what they have gone through, being treated lower than an animal and see the bravery, the courage, the fort t...